Analysis for December 26th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is sleeping. Price is completing bullish fractal; AO and AC are in green zone; there is Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
At H1 chart of USD/CAD, Alligator is reversing upwards. Price is forming bearish fractal; AO and AC are in red zone; there is Fade bar on the MFI and no Squat ones. I expect breakout of fractals to the upside.
NZD/USD
At H4 chart of NZD/USD, Alligator is moving downwards. AO is in red zone, AC is near balance line; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth (red line) and then I expect breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator is moving downwards. AO is in green zone, AC is near balance line; there are no Squat bars on the MFI. Bullish fractal may reach H4 Alligator’s teeth and then I expect breakout of fractals to the downside.
RoboForex Analytical Department